Average Cost of an EV
Ready to make the switch to an electric vehicle (EV)? Say goodbye to gas stations and hello to serious savings on fuel costs! Over time, the money you’ll save on gas could even help offset the initial cost of your EV. Before you dive into our range of EVs, check out our guide on the average costs of charging—whether at home or on the go at public stations for your Nissan electric car.
Charging from Home
Charging your EV at home—whether through a standard AC outlet or a dedicated charging station—is the easiest and most popular way to keep it ready to go. But what about the cost? It's measured in electricity per kilowatt-hour (kWh). As of November 2020, the average cost of electricity in the U.S. is about 13 cents per kWh.
Wondering how much it costs to charge your EV? It’s simple—just multiply the average cost per kWh by your car’s battery capacity. For instance, the 2024 Nissan Leaf has a 40 kWh battery. With the national average electricity rate of 13 cents per kWh, a full charge would cost about $5.20. While every EV is unique, the method for calculating charging costs stays the same.
Charging at a Public Station
Public EV charging stations are popping up everywhere, giving drivers the freedom to hit the road without worrying about finding a place to recharge. While charging at these stations costs more than charging at home, the process is made simple with dedicated apps for quick payments. Most stations charge based on time spent charging rather than the electricity used, making it easy to plan your stops and keep moving.
Some EV manufacturers sweeten the deal by offering free subscriptions to public charging networks with new car purchases. Certain networks also provide perks like discounted rates or unlimited access for their users. As EVs become more popular, public charging stations are rapidly expanding, fueling the momentum of this growing trend.
When to Recharge Your EV
Did you know the time you charge your EV can impact costs? Charging during “off-peak” hours, typically between midnight and 6 A.M. in the U.S., can save you money. In contrast, electricity demand peaks around 6 P.M., when most people are home and powering up their devices. Charging smart means saving smart!
Some utility companies in certain states offer lower rates during off-peak hours, giving you a chance to save significantly if you plan your charging accordingly. Many EV manufacturers also provide programmable charging features, letting you monitor your charging status and tailor your schedule to fit your needs.
Charge Your Way Into an Electric Future With Valley Nissan of Longmont Today
Electric cars are more convenient, advanced, and affordable than ever. Stop into your local Nissan dealership in Longmont, CO, Boulder, and Denver today, and get behind the wheel of the future.
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